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Surprise: A&M wants lower exit fees if they leave Big 12

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Officially, Texas A&M watch 2011 is still ongoing, but as far as we — and practically everybody else in the business of college football — are concerned, the Aggies have taken the first step toward leaving the Big 12 and joining the SEC.

Now, it appears the move is far more a question of “when” than it is a question of “if”. A Big 12 official told the AP over the weekend that a move by A&M to the SEC could come as early as this week, with Chuck Carlton of the Dallas Morning News noting that A&M’s exit fees were the last major logistical hurdle.

It’s previously been reported that the Aggies could be forced to pay over $30 million in exit fees; we’ve been told that number is highly inflated and likely not a realistic payout. According to sources, Kirk Bohls of the Austin-American Statesman tweets that A&M would like to get outta Dodge with a buyout somewhere in the vicinity of $10-$15 million, although the Big 12 likely still wants something closer to the aforementioned $30 million mark.

Whatever the number, the Big 12′s bylaws state that if A&M were to leave for the SEC by 2012, they would have to relinquish at least 90 percent of their conference revenue.

How all of this will be negotiated in the coming weeks — or months — will be an interesting area to watch, as money always complicates matters.

Assuming, of course, that A&M leaves the Big 12.

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32 Responses to “Surprise: A&M wants lower exit fees if they leave Big 12”
  1. bender4700 says: Aug 29, 2011 11:53 AM

    According to Mr. Beebe the conference will be just fine, and they have their best men (in Austin) searching for a replacement so why should Texas A&M pay anything more than Nebraska or Colorado to leave?

    Dan Beebe is quick to say they all agree’d to stay together, but yet he wants to jam them up when they clearly don’t want to be there.

    At some point egos got to calm, and what’s best for everyone, A&M leaving, needs to get done. So far the Big Ten, SEC, and Pac-12 look good. All 3 are getting a key member of the Big XII. What next? The MWC takes K-State and Kansas? Send Baylor to the Big East with TCU? Then Missouri and OU to the ACC? Complete the “Sending Our Best Elsewhere” merry-go-round.

    The Big XII has some huge issues, that is very obvious. I feel bad for the Old Big Eight teams.

  2. RDM says: Aug 29, 2011 11:55 AM

    This is only going to get uglier, huh…

  3. lemmam says: Aug 29, 2011 12:08 PM

    with the people at texas looking for the replacement for Texas A&M, therein lies the problem. It’s not the big xii, it’s texas. texas runs the show and the big xii has never been what’s best for the big xii but what is best for tu. the big xii will implode within 3 years

  4. mkrip says: Aug 29, 2011 12:09 PM

    After all the whining and crying about deserving and getting more money than most of the rest of the conference, A&M should be socked as hard as possible for ditching out one year later.

  5. teke184 says: Aug 29, 2011 12:31 PM

    1. Big 12 commissioner Dan Beebe says that losing A&M will not be a huge hit for the conference, as they can be replaced with a mid-major like Air Force, BYU, Houston, and so forth.

    2. The revenue distribution agreed to when Nebraska and Colorado bolted has yet to be paid out. A&M thinks there’s a good chance that the money doesn’t materialize as promised.

    If the Big 12 admits that losing A&M isn’t going to hurt them and is unwilling / unable to pay them what has been promised in the new revenue distribution, then A&M has a case for reduced damages.

  6. tigersgeaux says: Aug 29, 2011 12:42 PM

    On the previous thread on this topic, southernpatriots posted that A & M was going to negotiate for lower exit fees.

    What they were speaking of was exactly what bender4700 posted: the exit fee deal that Nebraska and Colorado received. We note a likely UT fan posting in response a laugh. If as bender4700 so accurately posted that NE and CO received reduced exit fees, why not A & M?

    A & M is having to carefully proceed step by step and try to make the best deal they can. It appears we are slowly proceeding toward superconferences. The SEC has been the most successful conference in the past 10 years or so and has a large bankroll which to equally distribute to all schools (even Ole Miss, ugh). Most sports commentators think they will be the first superconference but unless they can get some great schools, what good is it?

    bender4700: the rumors we get in south Louisiana is that the SEC needs another team to balance A & M and that intense conversations are ongoing between SEC head and OK and MO. If OK shows the resistance they did last year when he spoke to them, then it will be MO. We thought they needed another school to fit into the East division like FSU. Do you have any insight?

  7. lemmam says: Aug 29, 2011 12:53 PM

    the problem with the “new” big xii conference is that the disbursement of funds was never set equally as they are in the Big 10 and the SEC. Then texas negotiated its own network deal. There is not a level playing field nor will there be. Thus the big xii was doomed to fail from the outset. beebe is not making the calls, dodds at texas is calling the shots. therein lies another problem.

  8. bender4700 says: Aug 29, 2011 1:07 PM

    I don’t think you’ll get Oklahoma but I do think Missouri would fit. They would balance out the West. shift Alabama and Auburn to the East. and you got a good balance.

    I remember when the Nebraska first made it public they were applying to the Big Ten. Chancelor Harvey Perlman made it clear, Nebraska was NOT going to simply pay what the Big XII wanted. Dan Beebe, in his genius, made the statement that the reason the Big XII would stay together was with the exit of Neb and Col they were going to sign a new deal, that was better than before. Nebraska’s argument was that if the Big XII was infact better off, why would Neb pay so much?

    Dan Beebe sank his chance to stick it to Nebraska/Colorado, and he effectively did the same thing saying the Big XII was fine without A&M.

    You can’t scream, “you caused me damages” when you come out and say “leave, Im better off”.

  9. bender4700 says: Aug 29, 2011 1:15 PM

    oh, did I mention that Dan Beebe is a moron?

    Bo Pelini confirmed to Tom Shatel of the Omaha World Herald that officials at the Texas A&M game last season confirmed that the Huskers were getting the screw job from them.

    It became painfully obvious Nebraska was being treated differently by the officials, they even told Bo this.

    Watch the tape of the A&M, watch the A&M defender sexually assault Ben Cotton on the pile.

    Again, Dan Beebe = moron.

  10. rejamaro says: Aug 29, 2011 1:32 PM

    If Texas A&M want to leave the conference because they are tired of Texas, let them go. For being a so called Military school, you would think that they would “man up” and try to beat them on the field instead of running away like a bunch of wimps. I sure hope that none of Texas A&M alumni ever end up running our military or we will end up being France.

  11. Deb says: Aug 29, 2011 1:46 PM

    What was Nebraska’s buy-out?

  12. teke184 says: Aug 29, 2011 1:48 PM

    Deb,

    Word is that it was $9 million for Nebraska and $6 million for Colorado despite the Big 12 contract stipulating that they would be billed $30 million each.

  13. bender4700 says: Aug 29, 2011 1:57 PM

    @Rejam

    It has nothing to do with man hood and everything to do with not being stuck behind Texas. They want to be their own institution, they are actually trying to man up. Texas came out and stated they won’t play them anymore. Man hood doesn’t have anything to do with this.

    @Teke

    Thank you. Exactly my point. The Big XII knew Nebraska wasn’t going to pay that much, why should Texas AM?

    Beebe said they are better off already.

  14. bender4700 says: Aug 29, 2011 2:01 PM

    The league will withhold $9.255 million from the estimated $19 million the university has earned from being a participating member in its last two years in the Big 12. Nebraska has received roughly $10 million annually from the conference over the past four years.

    Nebraska’s settlement

  15. thefiesty1 says: Aug 29, 2011 2:25 PM

    Pay them $5million and kick them out. They deserve what they get. It’s going to be fun watching them get pummeled in the SEC.

  16. rejamaro says: Aug 29, 2011 3:31 PM

    Well Bender, you are obviously one of many Texas A&M fans that has a major identity complex. You want to leave, then leave. You will never be out of Texas shadow. News flash, Texas ain’t moving to New York!!! All that is going to happen is a bunch of cry babies at A&M will say that they are free of Texas. That will never happen. That is what makes college sports so great, rivalries, tradition, hating your rivals. You are throwing that all away just because you feel like a second class citizen. Let me tell you, it will be worse in the SEC. You will get your butt handed to you on a weekly basis now. There are no Kansas or Iowa States on the schedule anymore. (By the way I am a Kansas fan, not Texas). Ever heard the Rush song “Trees”. Go listen to it because it sums up your plight in life and how things can end up because you are never satisfied with what you got. Grass aint always greeener pal!

  17. Deb says: Aug 29, 2011 3:31 PM

    @teke184 …

    Thank you. No reason for A&M to pay more than Nebraska and Colorado–especially since Beebe’s made clear the Aggie’s won’t be damaging the Big 12 by leaving. And whether or not they’re in a position to immediately contend in the SEC, they’ll be entitled to an equal slice of the pie. It’s called equity. The Big 12 might consider it before they wind up being the Big Lonesome Steer.

  18. chmba says: Aug 29, 2011 3:37 PM

    Beebe apparently forgot to have papers ever signed for the “new Big 12.” Big 12 (Texas + Beebe) figured out they were not going to collect what the wanted from Nebraska or Colorado; they are posturing for A&M. I can’t understand OK wanting to stay in this mess and as LSU alum would rather see OK in SEC than Missouri.

  19. boomerdt says: Aug 29, 2011 3:52 PM

    As a Massachusetts native, OU alumni, and a football fan…. I understand why A&M wants out.

    I wish them the best of luck where ever they land.

    For the big question of should A&M pay more than Colorado or Nebraska to exit the Big XII the answer is no. What has changed to require the fees to go up? There’s no new contract, agreement, or understanding to cause such an increase.

    As for the Big12-2…. Please just fall apart. I’m already tired of weak conference schedules for football and we haven’t even started the first season of 10 teams yet.

    We would all get a better product if the big12-2 goes away for good. Conference match ups would be better due to better teams being in the conferences. If the big12 sticks together they are adding by subtractions and will be on the same level as the ACC soon…..

  20. boomerdt says: Aug 29, 2011 3:55 PM

    Chmba – the OU thing is more than just a sports thing. OU has come out saying they want nothing to do with the SEC recruiting cycle.

    Oklahoma to the SEC only makes the college football games better… it does nothing for the stature of the University.

    If the Big12 dissolves from what I’ve read at newsok.com OU prefers the PAC-12 and Big10 before going to the SEC.

    As for the hear and now… OU benefits from the current mess…. OU wins (in a lot of sports) in the Big 12… why move?

  21. florida727 says: Aug 29, 2011 4:46 PM

    A guy who used to work for me is close to A&M, at a pretty high level. He said A&M will play in the SEC in 2012. By 9/1 he said expect an announcement. It is a done deal.

  22. sportsdrenched.com says: Aug 29, 2011 5:57 PM

    *News flash, Texas ain’t moving to New York!!! *

    Exactly. All this talk about being away from Texas’ shadow. A lot of that is geographic.
    LSU, Alabama, & Florida create big shadows too.

  23. tgaustin says: Aug 29, 2011 6:01 PM

    A&M still needs the votes…it takes 75%(9 of 12). Vanderbilt doesn’t want them, Florida and LSU are on the fence. I know that this would still get them in, but, how classic would it be if they didn’t get the votes!!!??? Pretty sure they are as good as gone…the only people who really care is Aggie fan anyway…no other school in the Big 9 is trying to stop them…with the exception of Texas…face it, and it hurts, A&M has and always will be remembered as UT’s biotches!!! Peace out Aggie nation!!

  24. florida727 says: Aug 29, 2011 10:35 PM

    They’ll get the requisite 9 of 12. Actually, to be more precise, they already HAVE the 9 they need. If they didn’t, they wouldn’t have gone this far in the process. It’s one of those things whereby you do all your homework, know the result before it’s due, then make the move that requires the result to be made public. It’s a done deal. Was told by a source close to the A&M decision-makers to expect an announcement no later than September 1. Looks like he knew what he was talking about. Welcome to the SEC, Aggies. You’re now part of the best football conference in America. Good luck…

  25. pushingiron says: Aug 30, 2011 2:02 AM

    Rejamaro, besides having no class you are simply an idiot. You do realize that the military has been run by an Aggie for the past two administrations don’t you? Robert Gates, Sec Def was the former president of TAMU. He has a pair of senior boots in his office in the pentagon. Not to mention that A&M had more Medal Of Honor winners than any school outside of the military academies. Do not ever attempt to tarnish the Aggie’s military contributions. Remember this quote “Give me a handful of West Point cadets and I will win a battle. Give me a handful of Texas Aggies’ and I will win a war!” – General George S. Patton.
    “Texas’ bitches?” How so? Since the schollys were reduced in 72′ the sips have won exactly “1″ more game than the farmers. Check your facts next time before you make an assumption. Not to mention in all sports over the last couple of years Texas has one national championship, the Ags have 9. So STF down and STFU about things you do not know.

  26. rejamaro says: Aug 30, 2011 8:16 AM

    Thanks for clearing that up for me Pushing. That now explains why we are doing so well in Iraq and Afghanistan!!!!!!!!

  27. rejamaro says: Aug 30, 2011 9:31 AM

    Plus, the reason that General Patton made the comment about the Aggies is that he had a room full of troops from Texas A&M and they were all complaining that the troops from Texas were getting better rashions and accomodations than they were getting, so Patton made that comment to get the Aggies to STFU!!!!

  28. sportsguygerald says: Aug 30, 2011 9:51 AM

    As far as the speculation about where OU goes when the Big 12-3 finally implodes, I’m pretty sure the Oklahoma legislature will insist that Okie Lite be included too, much as the Texas legislature did when they forced TU and A&M to bring along Tech and Baylor to the Big XII. Those state funding checkbooks speak a lot louder than any TV network does.

  29. florida727 says: Aug 30, 2011 12:01 PM

    Beebe is clearly an idiot. He already dropped his skirt by stating publicly that losing A&M would NOT be damaging to the Big 12. Even if he genuinely believes that, you don’t publicly state it because by doing so you just gave A&M the leverage they need to lower their exit package to no worse than what Nebraska (a cornerstone franchise in the Big 12) had to pay when they left, which if accurate, was reportedly $9 million. Congrats, Beebe. Opening your mouth just cost the conference about $21 million. And this clown still has a job because…?

  30. pushingiron says: Aug 30, 2011 12:03 PM

    Glad you were in the room with Patton so we could know his true intent, never knew “Ol’ Blood and Guts” to do anything to pacify anyone.
    Last I checked, we kicked the absolute crap out of one of the biggest armies in the world in Iraq decimating their entire military with very few losses of our own, I guess that is not enough for you. Our military won decisive battles throughout Afghanistan, overthrew the Taliban and still continues to keep a stranglehold on Al-Qaeda. Sure we have taken our lumps, and lost some of the best fighting men and women on the face of this earth, many of them Aggies. Make no mistake on the outcome, the US has kicked the crap out of the Iraq army, the Taliban, and Al-Qaeda. Care to further degenerate our military or the Aggies in combat?

  31. rejamaro says: Aug 30, 2011 12:13 PM

    Get over yourself Pushing. Can’t you take a joke (and I am not talking about your basketball team). That is the problem with you Aggies, you take yourself way to serious and feel like you are way more important than you are. I am not degenerating our military in any way. I am making fun of the Texas A&M self-important, rightous view of themselves. You guys are no better than anyone else but you think you are. Get a life and quit acting like spoiled kids who can’t get there way!!!! “I’m taking my ball and going to the SEC. They will love us. They won’t beat us up.” Grow up!!! You act like the old cartoon where the skinny kid gets the sand kicked in his face. Well stand up and fight back instead of running away like a bunch of pansies!!!

  32. pushingiron says: Aug 30, 2011 3:54 PM

    I have friends in harms way, I don’t joke about that. You seem to have no problem with Texas getting their fair share, but A&M should not be allowed to? The elitist attitude exist far more in Austin than it does in College Station. Shopping conferences was okay last year when Texas was looking at the PAC-10, but now that A&M is leaving they are taking their ball and going home? I don’t see it that way at all. Beebe is nothing more than Dodd’s little assistant. Everybody knows that. A&M is doing the smart thing. OU should quit attaching themselves to Texas, they are a outstanding program in their own right. I’m hoping they become the 14th SEC team.

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